Proposal Assignment Example | Topics and Well Written Essays - 750 words

design - Assignment ExampleThese factors raised issues for the company with regard to Supply Chain Management (SCM) which further caused actual decrease in stakeholders confidence. In this regard, the company will be rund with the opportunity of devising as healthful as implementing better policies and standards with the objective of improving business operations of its suppliers on a global linguistic context (Wal-Mart Stores, Inc., Ethical Sourcing). Solution In order to mitigate the above described SCM related issue, Walmart decided to bear a massive restructuring process. In this context, the suppliers of the company were required to be ISO 9000 certified in order to provide goods to the company adhering to the specified quality standards which would not only assure an effective holistic approach in its SCM practices, but shall also prove beneficial in revitalizing stakeholders confidence. Moreover, with the ISO certification of suppliers, the company also anticipate to vit alize its ability to assure that the goods gaind are in conformism with the specified quality standards. ... All these initiatives energize apparently aided the company and its suppliers to perform their business operations applying increased ethical concerns in wrong of quality and transparency (Plambeck and Denend, The Greening of Walmarts Supply Chain). Why did you pick this topic? SCM is find to be an important element for retailing and other related companies to perform their business operations in an effective manner. Moreover, with the growing demand for superior quality of goods and/or services are observed among consumers in worldwide market segments. The case of Walmart in relation to the SCM issues has been adopted for identifying the importance of ISO 9000 certification among companies which presents a comparatively challenging and unique doctrine to be studied. What is it about this topic that interests you? The topic is based on the vox populi which signifies tha t SCM practices, inside the organizational context are determined to be an important element which is essential to procure quality goods or services in an efficient manner. It is worth mentioning in this context that with the development of applied science and globalization effects, the market competition has intensified. In this respect, consumers are also recognized to be demanding for superior goods at competitive prices. This particular understanding can be apparently observed with reference to the SCM practiced within Walmart wherein the suppliers are required to be ISO certified in order to assure that the goods procured are in accordance with the specified quality standards. Moreover, this topic also seemed to be emphasizing on the importance of principles and standards for conducting SCM operations in an ethical manner within the global periphery. What